May 4, 2018
Jason Hartman talks with J Massey, real estate investor, author and host of the Cashflow Diary Podcast, about his new venture into short term rentals. J and Jason discuss why J has gone into the market, where he finds the best prices, what technologies J is using in his units, and the systems he's put in place to ensure his operation runs smoothly.
Key Takeaways:
[2:06] J has done many different types of real estate, why is he in short-term rentals now?
[6:16] How J realized how to leverage high priced real estate
[9:33] J rents out entire apartment complexes for short term rentals
[10:37] The #1 reason an owner would let you rent their place to turn into a short term rental
[14:04] Where J finds the best prices
[19:38] What locks and sound monitors does J like & use?
[24:31] A unique differentiator for J's units
[28:21] Is there any concern that the next downturn will cause a spike in vacancy rates?
[32:04] What systems does J have in place?
[36:42] Can you self manage short-term rentals while you have a full time job?
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